G5 Entertainment Ab · OMXSTO:G5EN
G5 Entertainment Ab — Q1 2024 Earnings Presentation
17 slides from G5 Entertainment Ab's earnings presentation, May 8, 2024
Slide 1: Interim Report Q1 2024
G5 Entertainment AB Interim Report Q1 2024 JAN UARY – MARCH 2 024
Slide 2: Interim Report January - March 2024: Financial Key Ratios
2 G5 ENTERTAINMENT AB - INTERIM REPORT JANUARY - MARCH 2024 INTERIM REPORT JANUARY - MARCH 2024 January - March 2024 FINANCIAL KEY RATIOS Jan-Mar Jan-Mar Change Apr-Mar Change • Revenue for the period was SEK 297.4 M (345.4), a decrease of 14 percent compared to the KSEK 2024 2023 % 23/24 2023 % sam
Slide 3: Comment from the CEO: Improved margins
3 G5 ENTERTAINMENT AB - INTERIM REPORT JANUARY - MARCH 2023 Comment from the CEO: Improved margins As we conclude the first quarter of 2024, we are pleased to sustainability of these trends. report another period of financial stability. Our performance Our largest games, Sherlock, the Jewels family
Slide 4: Revenue and EBIT charts, outlook for 2024
4 G5 ENTERTAINMENT AB - INTERIM REPORT JANUARY - MARCH 2024 Revenue (MSEK) EBIT (MSEK) working hard, and the pipeline reflects our goal of expanding the portfolio with fun gaming experiences. We iterate games faster in the 1,600,000 250,000 As we navigate the remainder of 2024, our primary early sta
Slide 5: January – March: Revenue and gross profit
5 G5 ENTERTAINMENT AB - INTERIM REPORT JANUARY - MARCH 2024 January – March Revenue and gross profit period in 2023. Sales and marketing, excluding user Cash Position (MSEK) Gross Margin (%) Revenue amounted to SEK 297.7 M (345.4). acquisition, decreased to SEK 13.3 M (18.2). Revenue decreased by -1
Slide 6: Operational metrics, financial position, parent company
6 G5 ENTERTAINMENT AB - INTERIM REPORT JANUARY - MARCH 2024 Operational metrics Financial position Parent company During the third quarter 2022 the group changed its publishing strategy The parent company revenue has performed in line with the group. The F2P Q1 ’24 Q1 ‘23 Change by making changes to
Slide 7: Upcoming report dates
7 G5 ENTERTAINMENT AB - INTERIM REPORT JANUARY - MARCH 2024 Upcoming report dates Annual General Meeting 2024 June 12, 2024 Interim report Jan-Jun 2024 August 8, 2024 Interim report Jan-Sep 2024 November 6, 2024 Teleconference On May 8th, 2024 at 08.00 CET, CEO Vlad Suglobov and CFO Stefan Wikstrand
Slide 8: Assurance
8 G5 ENTERTAINMENT AB - INTERIM REPORT JANUARY - MARCH 2024 Assurance The Board of Directors and the CEO declare that the interim report provides a true and fair overview of the Parent Company’s and the Group’s operations, financial position and results of operations as well as describing the materi
Slide 9: Income Statement - Group
9 G5 ENTERTAINMENT AB - INTERIM REPORT JANUARY - MARCH 2024 INCOME STATEMENT - GROUP Jan-Mar Jan-Mar Apr-Mar Jan-Mar Jan-Mar Apr-Mar KSEK 2024 2023 23/24 2023 KSEK 2024 2023 23/24 2023 Net turnover 297,409 345,370 1,271,960 1,319,921 Earnings per share Cost of revenue -94,928 -112,622 -409,855 -427,
Slide 10: Balance Sheet - Group
10 G5 ENTERTAINMENT AB - INTERIM REPORT JANUARY - MARCH 2024 BALANCE SHEET - GROUP Mar 31 Mar 31 Dec 31 Mar 31 Mar 31 Dec 31 KSEK 2024 2023 2023 KSEK 2024 2023 2023 Fixed assets Equity Intangible fixed assets Total shareholders' equity 554,055 536,893 491,401 Capitalized development expenses (Note 2
Slide 11: Changes in Shareholders' Equity - Group
11 G5 ENTERTAINMENT AB - INTERIM REPORT JANUARY - MARCH 2024 CHANGES IN SHAREHOLDERS’ EQUITY - GROUP Other capital Profit/loss Shareholders’ KSEK Share capital contribution Other reserves brought forward equity Shareholders’ equity 2023-01-01 928 -189,704 69,746 607,780 488,750 Net result for the y
Slide 12: Cash Flow Statement - Group
12 G5 ENTERTAINMENT AB - INTERIM REPORT JANUARY - MARCH 2024 CASH FLOW STATEMENT - GROUP Jan-Mar Jan-Mar Apr-Mar Jan-Mar Jan-Mar Apr-Mar KSEK 2024 2023 23/24 2023 KSEK 2024 2023 23/24 2023 Cash flow from operating activities Financing activities Profit after financial items 41,577 49,868 128,405 136
Slide 13: Notes
13 G5 ENTERTAINMENT AB - INTERIM REPORT JANUARY - MARCH 2024 Note 1 Note 2 Accounting principles G5 Entertainment’s consolidated accounts have been prepared in Capitalized development expenses accordance with International Financial Reporting Standards (IFRS). Jan-Mar Jan-Mar Apr-Mar This report was
Slide 14: Income Statement - Parent Company
14 G5 ENTERTAINMENT AB - INTERIM REPORT JANUARY - MARCH 2024 INCOME STATEMENT – PARENT COMPANY STATEMENT OF COMPREHENSIVE INCOME – PARENT COMPANY Jan-Mar Jan-Mar Apr-Mar Jan-Mar Jan-Mar Apr-Mar KSEK 2024 2023 23/24 2023 KSEK 2024 2023 23/24 2023 Net turnover 297,409 345,370 1,271,960 1,319,921 Net r
Slide 15: Balance Sheet - Parent Company
15 G5 ENTERTAINMENT AB - INTERIM REPORT JANUARY - MARCH 2024 BALANCE SHEET – PARENT COMPANY Mar 31 Mar 31 Dec 31 Mar 31 Mar 31 Dec 31 KSEK 2024 2023 2023 KSEK 2024 2023 2023 Fixed assets Restricted equity Intangible fixed assets Share capital 928 928 928 Intangible fixed assets 2,613 0 2,613 Non-res
Slide 16: Glossary
16 G5 ENTERTAINMENT AB - INTERIM REPORT JANUARY - MARCH 2024 Glossary Financial statement Use of key ratios not defined in IFRS Operational terms Portfolio definitions Cost of revenue consists of direct expenses incurred The G5 Group’s accounts are prepared in accordance Monthly Active Users (MAU) i
Slide 17: G5 Entertainment AB (publ)
G5 Entertainment AB (publ) NYBROGATAN 6, 5TH FLOOR 114 34 STOCKHOLM | SWEDEN PHONE: +46 84 11111 5 E-MAIL: CONTACT@G5.COM Org.nr. 556680-8878 WWW.G5.COM